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European Quarterly Country Review : France - Q1 2013

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AXA Real Estate's European Quarterly Country Review - Q1 2013

The French economy is deteriorating, exacerbated by reducing government expenditure and repressive austerity measures.

Occupiers have scaled back relocation plans and are increasingly willing to extend their existing leases in exchange for lower rents.

Prime property capital values in France reached near record-highs in 2012 as investors continue to target Paris.

Source : AXA Real Estate

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